Source: various industry reports.
The top-20 cruise brands, measured in terms of the total berth capacity, continue to upgrade their fleets. The berths of each cruise vessel equal to the number of people who can sleep on board. Comparing the evolution of berth capacity since 2014, it is evident that the largest cruise brands continue to expand faster than the smaller lines. Thus, the existing market concentration in the supply of cruises will endure and may even increase during the forthcoming years.